by | Oct 20, 2021 | Uncategorized

Last Updated: January 23, 2023

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Kitco
Kitco - by,April 1, 2011
4/ 5stars
on
Kitco
  • Global Rating
  • Our Global Rating (GR) is Math-Based. (Learn how it works)
    (4/5)
  • Very Good
Review Summary :

Over the past 40+ years, Kitco has risen through the ranks to become one of the most recognized precious metals brokers. As a gold IRA company, it has partnerships with an astounding 11 renowned custodians for custodial services options. Likewise, Kitco’s inventory of investment products is truly impressive, offering customers a varied selection of gold, platinum, silver, and palladium coins, bars, rounds, and collectibles. Additionally, the company also provides the option of purchasing gold and silver via blockchain technology. Moreover, there are numerous IRA-eligible options in various weights listed in the catalog. Kitco’s allocated storage options enable customers to choose from facilities in the US, Canada, the Cayman Islands, and Hong Kong. Although the company's inventory is expansive, several of the popular items are deemed "Out of Stock", including IRA-eligible bullion.

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Pros:

  • Gold, palladium, silver, and platinum products are available
  • Preferred custodians include GoldStar Trust Company, Equity Institutional, Strata Trust Company, New Direction IRA, Inc., American Estate & Trust, Provident Trust Group, NuView IRA, Inc, The Kingdom Trust Company, Next Generation Trust Services, UDirect IRA Services, Midland Trust
  • Allocated storage options are located in the US, Canada, the Cayman Islands, and Hong Kong

Cons:

  • Despite having a vast inventory, some items in the catalog have been deemed "Out of Stock"
Quick Facts about Kitco
Year Founded:1977
Company Headquarters:Montreal, Quebec
Annual Fees:Variable
Supports 401(k)?:No
Supports Roth IRA?:No
Crypto Offered?:No
Assets Offered:Gold, Silver, Palladium, Platinum, and Rhodium
Offers Other Assets?:No
Custodian:GoldStar Trust Company, Equity Institutional, Strata Trust Company, New Direction IRA, Inc., American Estate & Trust, Provident Trust Group, NuView IRA Inc, The Kingdom Trust Company, Next Generation Trust Services, UDirect IRA Services, Midland Trust
Current Promotion:N/A
Supports Home Storage?:Yes, for collectible products
International Storage?:Yes
Segregated Storage?:Yes
Preferred Storage Location:Several locations
Preferred Storage Vault:Several options
Reviewed By::Sarah Bauder
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Company Info & Background

Headquartered in Montreal, Canada, Kitco (www.online.kitco.com) was established in 1977. The company has become one of the most recognized names within the precious metals investment space. Its “Kitco News” outfit has become the go-to source for information on the latest precious metals news and spot prices. Additionally, Kitco functions as a gold IRA company, helping clients set up retirement accounts via its 12 partnered IRA custodians.

The Kitco catalog is enormous, offering gold, silver, platinum, palladium, and rhodium coins, bars, rounds, and collectibles. Many of the popular bullion products approved to be held in gold IRAs are also available in the company’s catalog.

Moreover, the Kitco website provides customers with an education section, offering everything from an online investment guide, to a bullion terminology page, to a section deemed “Bullion Investing 101”.

Kitco Management Team

President and Founder – Bart Kitner

While still a college student at McGill University in Montreal, Bart Kitner founded Kitco in 1977. According to the website, he is also the president of the firm.

Kitco Custodians and Storage

Kitco has established partnerships with an astounding 12 esteemed custodians for custodial services options. It says the following regarding options for establishing gold IRAs:

“Kitco, the world’s most trusted precious metals company, has established relationships with some of the most highly reputed, market-leading IRA custodians to help you gain the advantage of precious metals in your IRA.

To enjoy streamlined procedures and quick service, set up a precious metal IRA account with any of the following partner custodians:

GoldStar Trust Company, Equity Institutional, Strata Trust Company, New Direction IRA, Inc., American Estate & Trust, Provident Trust Group, NuView IRA, Inc, Sunwest Trust, The Kingdom Trust Company, Next Generation Trust Services, UDirect IRA Services, Midland Trust.”

The company’s allocated storage options offer clients the choice of facilities located in the US, Canada, the Cayman Islands, and Hong Kong. Additionally, there are also blockchain technology options for both silver and gold.

Kitco Products

Kitco’s catalog of investment products is truly impressive, providing a varied selection of gold, palladium, platinum, silver coins, bars, rounds, and collectibles. Factoring that as of September 2022, inflation rates rose higher than expected to 8.2% year-over-year, investing in precious metals could be a good investment strategy. Examples of IRA-approved bullion from the inventory of products include the Palladium Canadian Maple Leaf,  Silver Canadian Maple Leaf, Gold Canadian Maple, Gold American Eagle, Platinum Canadian Maple Leaf, Gold American Buffalo, and the Silver American Eagle.

IRA-Eligible Gold Products

  • Gold American Buffalo
  • Gold Canadian Maple Leaf
  • Gold American Eagle

IRA-Eligible Silver Products

  • Silver Canadian Maple Leaf 
  • Silver American Eagle

IRA-Eligible Platinum Products

  • 1 oz Platinum Canadian Maple Leaf

IRA-Eligible Palladium Products

  • Palladium Canadian Maple Leaf

View the Kitco catalog of products here.

Kitco Precious Metals IRA Info

CompanyKitco
Annual CostVariable
Scaled or Flat Fees?Flat Fees
Partnered Storage VaultSeveral locations
Partnered CustodiansGoldStar Trust Company, Equity Institutional, Strata Trust Company, New Direction IRA, Inc., American Estate & Trust, Provident Trust Group, NuView IRA Inc, The Kingdom Trust Company, Next Generation Trust Services, UDirect IRA Services, Midland Trust
Metals AvailableGold, Silver, Platinum, Palladium
Years in Business45 years (1977)

Kitco Reviews, Ratings, and Complaints

Below we offer a diverse selection of reviews, ratings, and complaints pertaining to Kitco from trusted consumer reporting and rating agencies sites. Simply click on the links provided to study the reviews in greater detail.

  • BBB Rating: 5 out of 5 stars  (Details)
  • BBB Complaints: 5 complaints closed in the last 3 years (Details)
  • RipOff Report: No Reports
  • SiteJabber: 2 out of 5 stars Based on 8 reviews (Details)
  • Trustpilot: 4.7 out of 5 stars Based on 5,351 reviews (Details)
  • Facebook: Profile (Details)

Key Pages From Kitco

Kitco Contact Information

  • Address: 64 Lake St, Ste 101, Rouses Point, NY 12979-1028
  • Phone: (877) 775-4826
  • Email: info@kitco.com
  • Website: www.online.kitco.com

Kitco
Kitco - by,April 1, 2011
4/ 5stars
on
Kitco
  • Global Rating
  • Our Global Rating (GR) is Math-Based. (Learn how it works)
    (4/5)
  • Very Good
Review Summary :

Over the past 40+ years, Kitco has risen through the ranks to become one of the most recognized precious metals brokers. As a gold IRA company, it has partnerships with an astounding 11 renowned custodians for custodial services options. Likewise, Kitco’s inventory of investment products is truly impressive, offering customers a varied selection of gold, platinum, silver, and palladium coins, bars, rounds, and collectibles. Additionally, the company also provides the option of purchasing gold and silver via blockchain technology. Moreover, there are numerous IRA-eligible options in various weights listed in the catalog. Kitco’s allocated storage options enable customers to choose from facilities in the US, Canada, the Cayman Islands, and Hong Kong. Although the company's inventory is expansive, several of the popular items are deemed "Out of Stock", including IRA-eligible bullion.

Get Info Kit Now
Have you purchased products from Kitco? Leave a review!

Leave your rating

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Field is Required

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Sarah Bauder

Sarah Bauder is a financial writer with over a decade of experience at numerous online publications, writing about alternative investments, retirement, US politics, world economy and more.